Delhivery, a leading logistics and supply chain company in India, has appointed its co-founder and Chief People Officer, Suraj Saharan, as a Whole-Time Director on its board. Therefore, this decision, effective immediately, was approved by the company’s Board of Directors on May 16, 2025, for a five-year term ending May 15, 2030, pending shareholder approval
Saharan’s elevation comes at a pivotal time as Delhivery integrates Ecom Express, a significant acquisition aimed at consolidating its market position. Moreover, his extensive experience in operations and talent management is expected to be instrumental in steering the company through this transformative phase.
2. Understanding Delhivery: Business Model and Services
2.1 Company Overview
Founded in 2011, Delhivery has emerged as a prominent player in India’s logistics sector. Headquartered in Gurugram, the company offers a comprehensive suite of services, including express parcel transportation, part-truckload and full-truckload freight, cross-border logistics, supply chain solutions, and fulfillment services.
2.2 Revenue Model
Delhivery’s revenue is primarily generated through its diversified logistics services. The company caters to a wide range of clients, from large e-commerce firms to small and medium enterprises (SMEs), direct-to-consumer (D2C) brands, and enterprise clients. Its integrated approach allows for scalable solutions tailored to various business needs.
2.3 Funding and Growth
Over the years, Delhivery has attracted significant investment, including a $413 million funding round led by SoftBank in 2019. The company went public in May 2022, further solidifying its financial foundation and enabling continued expansion.
3. The Founders and Their Vision
3.1 Founding Team
Delhivery was co-founded by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan, and Kapil Bharati. Each brought unique expertise to the table, contributing to the company’s rapid growth and innovation in the logistics space.
3.2 Suraj Saharan’s Journey
An alumnus of IIT Bombay, Delhivery co-founder Suraj Saharan has been integral to the company’s evolution. Before co-founding Delhivery, he worked at Bain & Company, ICICI Lombard, and UIDAI. At Delhivery, Suraj Saharan has led New Ventures and operations and now serves as Chief People Officer, focusing on talent strategy and organizational development.
4. Strategic Implications of Saharan’s Appointment
4.1 Strengthening Leadership Amidst Expansion
Saharan’s appointment as Whole-Time Director reinforces Delhivery’s commitment to strong leadership as it navigates significant changes, including the integration of Ecom Express. His deep understanding of the company’s operations and culture positions him well to guide Delhivery through this period of transformation.
4.2 Emphasis on Talent and Culture
As Chief People Officer, Delhivery co-founder Suraj Saharan has been pivotal in shaping the company’s high-performance culture. His elevation to the board highlights the importance of talent and agility in achieving Delhivery’s strategic goals.
5. Delhivery’s Recent Performance and Future Outlook
5.1 Financial Highlights
In the January–March quarter of FY25, Delhivery reported a consolidated net profit of ₹72 crore, a significant turnaround from a net loss of ₹68 crore in the same period the previous year. Operating revenue for the quarter rose 5% year-on-year to ₹2,191 crore.
5.2 Acquisition of Ecom Express
In April 2025, Delhivery announced the acquisition of Ecom Express for ₹1,407 crore. Additionally, the company anticipates integration costs of approximately ₹300 crore, which have been factored into the purchase price. Consequently, this strategic move is expected to enhance Delhivery’s market share and operational capabilities.
6. Learning for Startups and Entrepreneurs
6.1 Importance of Leadership Continuity
Delhivery’s decision to elevate a co-founder to the board highlights the value of leadership continuity in maintaining organizational vision and culture during periods of growth and change.
6.2 Strategic Talent Management
Recognizing the role of talent strategy in achieving business objectives is crucial. Startups should invest in developing robust human resource practices that align with their long-term goals.
6.3 Navigating Mergers and Acquisitions
Effective integration of acquisitions requires careful planning and execution. Startups can learn from Delhivery’s approach to incorporating Ecom Express, including transparent communication and alignment of organizational cultures.
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